The contract will deliver a 375,000 ft² (approx. 34,837 m²) mixed-use development, including new hospital facilities for Watford and southwest Hertfordshire; up to 650 homes, 35% of which will be affordable housing; a 37,500 ft² (approx. 3,483 m²) office, which will be pre-let to WHHT; and a large multi-story car park.
The Health Campus Partnership has been established to regenerate land in Watford and the surrounding area, creating new office, retail and industrial space and the potential for 1,600 new local jobs.
Kier Chief Executive, Paul Sheffield, commented: "We are extremely pleased to be selected as the preferred partner to deliver the Watford Health Campus scheme, having worked closely with the partners to understand their vision and aspirations for the Health Campus and the area overall. We have an excellent track record of delivery and have an experienced and skilled team to take our proposals forward."
Kier will be working with the Health Campus Partnership to complete the financial and legal aspects of their agreement by December 2012.
Source: KIER Property